Actress
and
Samajwadi
Party
MP
Jayapradha
has
moved
to
the
Madras
High
Court
seeking
to
condone
the
delay
of
over
one
and
half
years
of
her
appeal
and
to
set
aside
the
court's
order
dated
September
18,
2006
declaring
her
as
insolvent.
Jayapradha,
who
is
a
partner
of
the
Jayapradha
Theatre
here
has
prayed
for
the
restoration
of
the
insolvency
petition
facilitating
the
hearing
in
the
case.
As
per
the
September
2006
order,
Jayapradha
Theatre
represented
by
its
partners
and
Raj
Theatre
represented
by
its
partners
and
Vishal
of
Sunny
Movies
have
been
declared
insolvents
on
a
creditor's
petition.
Consequent
to
the
adjudication
order,
all
the
assets
were
vested
with
the
official
assignee.
Meanwhile,
communicating
the
same
to
the
Chennai
Corporation
authorities,
S
Sitrarasu,
the
official
assignee
of
the
creditor
M/s
Woodlands
Theatre,
informed
that
he
had
learnt
through
newspaper
reports
that
property
tax
amounting
to
Rs.20,00,000
was
due
from
the
partners
of
Jayapradha
Theatre
to
the
Corporation,
which
initiated
recovery
proceedings.
Sitrarasu
asked
the
civic
officials
to
submit
their
claim
before
him
and
assist
him
to
dispose
the
property
at
the
earliest,
so
that
the
creditors'
amount
could
be
repaid.
In
a
related
development,
the
third
assistant
city
civil
court
reserved
for
Friday
orders
on
an
application
from
Rajbabu,
Jayapradha's
brother,
seeking
to
suspend
the
court's
earlier
order
dated
February
1,
2008,
dismissing
a
civil
suit.
According
to
Chennai
Corporation,
Jayapradha
and
Rajbabu
owed
Rs.
20
lakh
property
tax
to
the
civic
body
following
the
dismissal
of
the
suit.
The
civic
authorities
commenced
the
proceedings
to
attach
the
property
and
seized
three
film
reels
and
projectors
from
Jayapradha
Theatre
and
Raj
Theatre
on
February
22.